Further additions are allowed up to 30 days after opening the account and savers can top up to the new £15,000 limit during July. Transfers in are also accepted as are withdrawals, however this earlier access is subject to a penalty of 60 days' loss of interest.

Why we like it…

Paying an attractive rate of interest and with the ability to access funds early if need be, subject to an interest penalty, this ISA sits comfortably in the Moneyfacts best buys for short-term saving.